What is the estimated NGP Monthly Fee for Crowne Plaza, excluding applicable taxes?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
everage, or any Competitive Beverage on a Company-owned Dispenser, such practice shall be grandfathered and permitted under this Agreement until such time as any associated equipment is replaced in accordance with this Agreement.
EXHIBIT G-4-1
**NEXT-G
Source: Item 23 — Receipts (FDD pages 100–424)
What This Means (2025 FDD)
According to the 2025 Crowne Plaza FDD, the estimated Next-Gen Payments (NGP) Monthly Fee is detailed on the cover page of the NGP agreement, but the specific amount is not provided in the excerpt. The franchisee is responsible for all taxes resulting from the Next-Gen Payments Solution. The NGP Transaction Fee, billed by Fiserv, is $0.06 per transaction.
The franchisee will be invoiced monthly for the NGP Solution fees and must pay within thirty days of the invoice date. Late payments will incur interest at the lesser of 1.5% per month or the highest rate allowed by law. If the franchisee defaults on payment, Crowne Plaza has the right to suspend access to the Next-Gen Payments Solution.
The agreement for the Next-Gen Payments Solution has an initial term of 48 months, automatically extending for another 48 months unless either party provides written notice at least 90 days before the end of the current term. Crowne Plaza will provide a hardware refresh for each term extension. The FDD states that upon implementation, IHG will confirm the NGP Monthly Fee to the Hotel, which will not be 5% more or less than the fee stated in the table above. IHG may modify the NGP Monthly Fee by no more than 10% annually upon notice to Hotel.